Essay Question #2
- Negative Consequences of Entrepreneur’s Strong Internal Locus of Control
As evidenced in Tentama and Abdussalam (2020), the entrepreneurs are noted as having a strong internal locus of control. In this course notes, this has been identified as a concept which is used to define if an individual believes they are in a direct control of their future or someone else is in control of it. For instance, from an individual experience working as a leader, there are evidently individuals who lack a control over their lives. In a research by Hsiung (2018), they had noted on the existence of a direct correlation of the internal locus of control with an increased success and achievement. This is since they are in a position of identifying areas of improvement and taking action. Individually, success has been an attribute of right decisions made through internal locus of control.
Nevertheless, entrepreneurs strong internal locus of control has an impact of developing a tendency of being direct and to the point. As a result, the other people feel unaccepted and develop a negative perception pertaining to their ability to collaborate with others. Also, it is a challenge delegating others as the strong internal locus of control influence them to want to control everything.
- Personal Relationships contribution positively to firm’s entrepreneurial transformation
From a basic point of view, having appropriate personal relationships have a positive implication on breaking different barriers to success and embrace of a positive business orientation. For instance, Liu et al. (2019) note that enterpreneurs with appropriate personal relationships are able to develop collegial approach in all their operations. This means that they work as a team in execution of their assigned roles. At the same time, they embody the weaknesses of their team members while capitalizing on their strengths for their organisation success. This means that they are able to significantly
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